“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)
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Thursday, April 05, 2007

Medco to Build Rp5.4 Trillion Electricity Generating Plant

Thursday, 05 April, 2007 | 15:12 WIB

TEMPO Interactive, Jakarta: PT Medco Energi Internasional will build a geothermal-powered electricity generating plant (PLTP) in Sarula, North Sumatera, through its subsidiary company PT Medco Power, at a cost of US$600 million (Rp5.4 trillion).

The project, with a capacity of 330 megawatts, will be developed in coordination with Ormat Technologies (United States) and Itochu Corp. (Japan).

President Director of Medco Power Fazil Erwin Alfitri said that currently the project was entering the phase of contract negotiation with PT PLN and PT Pertamina as the owners of the working area.

Medco will act as the operator in the project.

“We are expecting that the contract negotiation will be completed this May,” he told Tempo in Jakarta, last Tuesday (04/03).

Fazil explained that PLTP Sarula will be constructed in three phases with each phase estimated to require funds of US$200 million and the production capability of each phase will be 110 megawatts.

“The first phase of the development will be started by 2010. The second and third phases will be set up by early and late 2011,” he said.

According to Fazil, 30 percent of the financing for the electricity generating plant will use the company's internal funds.

“Loans will be taken from a combination of commercial and export-credit banks, such as Japan Bank International Corporation,” said Fazil.

Medco Energi owns 99 percent of shares in Meco Power.

In addition, 41.69 percent of Medco Energi’s shares are owned by the general public.

WAHYUDIN FAHMI

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